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Lender
Heartland secures $250m funding facility
by Reporter • 5 Jul 2019
Heartland Group Holdings has announced that it has further diversified its local funding base by securing a $250...
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Non-majors begin releasing rate cut decisions
by Annie Kane • 4 Jul 2019
ING, Suncorp and ME have announced their rate changes following the RBA meeting, but have not passed the full reduction...
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Resimac acquires stake in Positive Group
by Annie Kane • 3 Jul 2019
Non-bank mortgage lender Resimac Group Ltd has acquired a $3-million stake in SA-based financial services fintech...
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Broking industry tentatively welcomes rate cut
by Annie Kane • 3 Jul 2019
Several representatives from the mortgage broking industry have welcomed the central bank’s decision to further...
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Lenders respond to RBA move with mortgage rate cuts
by Charbel Kadib • 3 Jul 2019
The mortgage market has responded to the Reserve Bank’s second consecutive cut to the official cash rate, with...
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Westpac group updates fixed rate prepayment threshold
by Reporter • 3 Jul 2019
Westpac and its subsidiaries will increase the fixed rate prepayment threshold by $20,000 from next month.
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Newly appointed lender CEO affirms broker support
by Annie Kane • 2 Jul 2019
The new CEO of Newcastle Permanent, Bernadette Inglis, has officially commenced in her new role and outlined her...
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P2P lender expands presence in third-party space
by Reporter • 27 Jun 2019
A non-bank credit provider has been added to another aggregator’s panel of lenders.
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Suncorp warns of ‘administrative error’
by Annie Kane • 27 Jun 2019
Following an “administrative error” in which Suncorp failed to remind mortgagors of their home insurance...
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Westpac introduces changes to lending policy
by Reporter • 26 Jun 2019
The major bank has joined NAB in updating its lending policy in line with revisions to the banking code.
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